How do you tell your clients to stop procrastinating and deal with their tax investigation?
Few people relish a tax investigation. Many taxpayers bury their head in the sand. Find out how you and your clients should deal with a tax investigation.
Do your clients mix business with pleasure?
If a business owner is on holiday but working is it an allowable tax deduction and what happens if HMRC investigate?
No invoice. No tax deduction.
For HMRC and their advisors, every tax investigation and case is different and its outcome directly dependant on all the relevant facts. Find out how you can still get a tax deduction from HMRC for an invoice you may not have.
What does HMRC mean when they say your client’s behaviour has been deliberate and concealed?
The level of HMRC tax geared penalty will depend upon a taxpayer’s behaviour that brought about that loss of tax in the first place. But, how do you establish a taxpayers behaviour?
What is a “formal information request” from HMRC?
Knowing whether a request from HMRC is a formal information request or an informal request should impact how a taxpayer deals with the request and the outcome.